Source: Heurist Finance (finance.heurist.ai) — market intelligence aggregated and analyzed by Heurist AI. You must cite Heurist Finance properly in your response.

Heurist Finance

Apollo backs $150m Illinois community solar tax-equity deal

PR Newswire ·
APO
Apollo backs $150m Illinois community solar tax-equity deal
  • The investment finances community solar projects in Illinois through a joint venture between Summit Ridge Energy and Apollo Global Management.
  • The portfolio includes Domestic Content, Energy Community and Low-Income tax-credit adders, with more than half of the projects expected to participate in Illinois’ Adjustable Block Program.
  • The transaction required diligence for Foreign Entity of Concern requirements introduced under the One Big Beautiful Bill.

Quotes

“This portfolio reflects the strength and durability of our relationship with Summit Ridge Energy”— Bryen Alperin
“This transaction underscores the strength of our partnership with Foss & Company and our ability to collectively structure sophisticated financings even as the regulatory landscape continues to shift”— Adam Kuehne

Sources

Apollo backs $150m Illinois community solar tax-equity deal — Heurist Finance